Horizon Financial Statements From 2010 to 2024

HZNDelisted Stock  USD 1.76  0.01  0.57%   
Horizon Global financial statements provide useful quarterly and yearly information to potential Horizon Global Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Horizon Global financial statements helps investors assess Horizon Global's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Horizon Global's valuation are summarized below:
Horizon Global Corp does not presently have any fundamental trends for analysis.
Check Horizon Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Horizon main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Horizon financial statements analysis is a perfect complement when working with Horizon Global Valuation or Volatility modules.
  
This module can also supplement various Horizon Global Technical models . Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Horizon Z Score Analysis

Horizon Global's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

Current Horizon Global Z Score

    
  1.0  
Most of Horizon Global's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Horizon Global Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

First Factor

 = 

1.2 * (

Working Capital

/

Total Assets )

Second Factor

 = 

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

 = 

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

 = 

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

 = 

0.99 * (

Revenue

/

Total Assets )

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition

According to the company's disclosures, Horizon Global Corp has a Z Score of 1.0. This is 69.04% lower than that of the Auto Components sector and 60.47% lower than that of the Consumer Discretionary industry. The z score for all United States stocks is 88.53% higher than that of the company.

Horizon Global Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Horizon Global's current stock value. Our valuation model uses many indicators to compare Horizon Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Horizon Global competition to find correlations between indicators driving Horizon Global's intrinsic value. More Info.
Horizon Global Corp is one of the top stocks in net income category among related companies. It is one of the top stocks in book value per share category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Horizon Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Horizon Global's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Horizon Global's earnings, one of the primary drivers of an investment's value.

About Horizon Global Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Horizon Global income statement, its balance sheet, and the statement of cash flows. Horizon Global investors use historical funamental indicators, such as Horizon Global's revenue or net income, to determine how well the company is positioned to perform in the future. Although Horizon Global investors may use each financial statement separately, they are all related. The changes in Horizon Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Horizon Global's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Horizon Global Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Horizon Global. Please read more on our technical analysis and fundamental analysis pages.
Horizon Global Corporation engages in the design, manufacture, and distribution of towing, trailering, cargo management, and other related accessory products worldwide. The company was incorporated in 2015 and is headquartered in Plymouth, Michigan. Horizon Global operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 3800 people.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Horizon Global Corp information on this page should be used as a complementary analysis to other Horizon Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Other Consideration for investing in Horizon Stock

If you are still planning to invest in Horizon Global Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Horizon Global's history and understand the potential risks before investing.
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